Form 8-K Priceline Group Inc. For: May 07

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Go back to Form 8-K Priceline Group Inc. For: May 07

priceline.com (PCLN) Doing Well Weathering Tough Conditions, Says Analyst

May 7, 2015 3:52 PM EDT

RBC Capital maintained an Outperform rating on priceline.com (NASDAQ: PCLN) with a price target of $1,400. The stock dropped about 5% after it reported Q1 results and Q2 guidance that missed expectations. In the view of analyst Mark S. Mahaney the company continues to ride "through the storm."

"Given that... More